|Bid||4.172 x 1509100|
|Ask||4.242 x 3569300|
|Day's range||4.190 - 4.240|
|52-week range||3.410 - 4.942|
|PE ratio (TTM)||17.50|
|Earnings date||7 Nov 2017|
|Forward Dividend & Yield||0.23 (5.01%)|
|1y target est||4.27|
Greece aims to get binding offers from investors shortlisted for a 66 percent stake in state-controlled natural gas grid DESFA by the end of the year, two sources close to the process said on Wednesday. Under its latest international bailout with the European Union and the International Monetary Fund, Greece is selling a 31 percent stake in DESFA and Hellenic Petroleum (HEPr.AT) is selling its 35 percent stake in the grid. Spain's Regasificadora Del Noroeste (Reganosa) and a consortium of Italy's Snam (SRG.MI), Spain's Enagas (ENAG.MC), Belgium's Fluxys (FLUX.BR) and Dutch Gasunie got the green light last month to carry out a due diligence process before they submit binding bids.
A top Italian court on Monday gave the green light to build a strategic pipeline bringing central Asian gas into Europe, rejecting appeals by local authorities in southern Italy who wanted to move the landfall. The Trans Adriatic Pipeline (TAP (Shenzhen: 002826.SZ - news) ), the end piece of the $40 billion Southern Gas Corridor, is slated to bring 10 billion cubic metres of gas from Azerbaijan into the small Italian seaside town of San Foca in Puglia by 2020. Successive Italian governments have introduced measures to try and streamline permitting processes for infrastructure projects that have scared some investors away.
The Southern Gas Corridor will start pumping gas from the Caspian Sea to Europe by 2020, its backers said on Thursday, despite the risk of delays to this option for reducing dependence on Russia. Politicians and ministers meeting in Baku backed the $40 billion, 3,500-km (2,200-mile) chain of pipelines, a step towards curbing Russia's one-third share of Europe's natural gas market. The Trans Adriatic Pipeline (TAP (Shenzhen: 002826.SZ - news) ) is the project's end piece, joining up with the Trans Anatolian Pipeline at the Turkish border, then crossing Greece and Albania to reach Italy.
Azerbaijan's Absheron gas field could be used as an additional source of natural gas for the Southern Gas Corridor project to take Caspian gas to Europe, SOCAR vice president Elshad Nassirov said on Thursday. ...
Bosnia, Croatia and Montenegro have expressed a wish to connect the Ionian Adriatic Pipeline to the Southern Gas Corridor, Azerbaijan's Energy Minister Natig Aliyev said on Thursday. That means the number ...
The cost of the Southern Gas Corridor project to take Caspian region natural gas to Europe will be no more than $40 billion, Azerbaijan's Energy Minister Natig Aliyev said on Thursday. Aliyev was speaking ...